(CNN) - Democrats on Tuesday ramped up their pressure on the Romney campaign over two new ads on the auto bailout, as each side sought to sway voters in the crucial battleground state of Ohio.

Spokespeople for Obama's re-election effort pointed to quotes from General Motors and Chrysler executives blasting Mitt Romney over a new round of ads that accuse the auto giants of shifting jobs overseas.FULL POST

(CNN) - President Barack Obama's campaign on Monday rolled out a response to a television advertisement quietly put on Ohio airwaves this weekend which levels a dubious charge against President Barack Obama.

Obama's ad opens with the headline to Romney's 2008 op-ed ("Let Detroit Go Bankrupt") and says the candidate "turned his back" on the auto industry when it was on the rocks.FULL POST

New York (CNNMoney) - Would the U.S. auto industry be doing as well as it is today if it was Mitt Romney competing his first term as president?

Romney argues that his plan for the industry in his now-famous November 2008 New York Times op-ed piece, "Let Detroit go bankrupt," was what the Obama administration eventually did: a managed bankruptcy at both companies.

(CNN) – CNN's Chief National Correspondent John King at the magic wall breaks down the electoral votes of two key battleground states and explains why convention speakers touted the auto industry bailout.

(CNN) - Democrats and Republicans have slammed Mitt Romney for his 2008 view that Detroit should "go bankrupt," but the presumptive GOP presidential nominee said Monday his views played a big part in the auto industry's recovery.

"I'll take a lot of credit for the fact that this industry's come back," Romney told WEWS-TV in Cleveland. Speaking after a campaign stop at a metal stamping facility in nearby Euclid, Romney said the industry needed to enter a "managed bankruptcy" process in order to fully recover – and that was what eventually helped American automakers get back on their feet.FULL POST

New York (CNNMoney) - President Obama on Tuesday defended his administration's 2009 bailout of the auto industry in a speech to the United Auto Workers union, saying it prevented another Great Depression from hitting the Midwest.

Obama said that, despite claims of Republican critics, the bailout was the only way to prevent the closure of General Motors and Chrysler Group and the collapse of the nation's supplier base.